• Italy's prime minister close to resignation, aims at creating new government

Market news

25 January 2021

Italy's prime minister close to resignation, aims at creating new government

Reuters reports that according to the La Repubblica newspaper, Italy’s Prime Minister Giuseppe Conte is close to resigning to then later form a new government that can count on a wider majority.

“My aim is to find an agreement that gives a clear political perspective to the government until the end of the term”, Conte said.

After surviving a vote in the Senate on Tuesday, Conte appealed to centrist and unaligned Senate lawmakers outside the coalition to join his minority government’s ranks but few have responded.

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